Prologis, Inc. (PLD)

PLD Income Statement

Revenue, expenses, and profitability analysis

PLD Quarterly Income Statement (USD)

Quarterly Report	TTM	03/31/2026	12/31/2025	09/30/2025	06/30/2025	03/31/2025	12/31/2024	09/30/2024	06/30/2024
Gross Profit	3.881B	232.539M	1.005B	1.012B	1.631B	1.591B	1.681B	1.548B	1.492B
Revenue	8.948B	2.298B	2.253B	2.214B	2.184B	2.140B	2.201B	2.036B	2.008B
Cost of Goods Sold	5.067B	2.065B	1.248B	1.202B	552.880M	549.094M	519.635M	488.767M	515.771M
Gross Profit Margin	10.1%	10.1%	44.6%	45.7%	74.7%	74.3%	76.4%	76.0%	74.3%
Total Operating Expenses	396.000M	-594.493M	152.830M	119.386M	718.277M	712.158M	259.755M	296.651M	468.845M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	363.137M	0.00	136.880M	119.386M	106.871M	114.701M	102.724M	98.154M	106.596M
Operating Income (EBIT)	3.485B	827.032M	852.357M	892.591M	912.712M	878.413M	1.421B	1.251B	1.023B
Operating Margin	36.0%	36.0%	37.8%	40.3%	41.8%	41.1%	64.6%	61.4%	51.0%
Income Before Tax (EBT)	4.179B	1.093B	1.565B	875.795M	645.709M	682.903M	1.429B	1.068B	954.560M
Interest Income	—	—	—	—	—	—	-26.636M	—	—
Interest Expense	1.025B	254.286M	260.453M	258.274M	251.866M	232.000M	205.296M	230.113M	208.267M
Other Income/Expense	694.507M	265.754M	712.552M	-16.796M	-267.003M	-195.510M	7.790M	-183.306M	-68.778M
Net Income	3.717B	981.976M	1.400B	764.266M	571.229M	592.953M	1.279B	1.006B	861.348M
Income Tax Expense	208.605M	47.971M	82.694M	54.535M	23.405M	43.383M	86.870M	4.214M	43.059M
Net Profit Margin	42.7%	42.7%	62.1%	34.5%	26.2%	27.7%	58.1%	49.4%	42.9%
EBITDA	7.711B	2.079B	2.295B	1.782B	1.555B	1.567B	2.291B	1.947B	1.800B
EBITDA Margin	90.5%	90.5%	101.9%	80.5%	71.2%	73.2%	104.1%	95.6%	89.7%
Depreciation & Amortization	2.705B	731.506M	668.750M	647.999M	657.221M	652.058M	656.444M	649.265M	637.305M
EPS Basic	3.97	1.05	1.49	0.82	0.61	0.65	1.38	1.08	0.93
EPS Diluted	3.96	1.05	1.49	0.82	0.60	0.63	1.37	1.08	0.90
Shares Outstanding	931.261M	931.261M	938.407M	928.851M	928.476M	927.338M	926.172M	926.427M	926.276M
Diluted Shares Outstanding	957.561M	957.561M	958.019M	956.603M	956.141M	956.080M	953.590M	953.813M	953.200M

PLD Annual Income Statement (USD)

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Gross Profit	5.239B	6.144B	6.013B	4.465B	3.511B	3.269B	2.412B	2.047B
Revenue	8.790B	8.202B	8.023B	5.974B	4.759B	4.439B	3.331B	2.804B
Cost of Goods Sold	3.551B	2.057B	2.010B	1.509B	1.248B	1.170B	918.927M	757.688M
Gross Profit Margin	59.6%	74.9%	74.9%	74.7%	73.8%	73.6%	72.4%	73.0%
Total Operating Expenses	1.703B	1.728B	2.305B	997.060M	303.957M	1.150B	561.928M	358.763M
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling, General & Administrative	477.838M	418.765M	390.406M	331.083M	293.167M	274.845M	266.718M	238.985M
Operating Income (EBIT)	3.536B	4.416B	3.708B	3.468B	3.207B	2.119B	1.850B	1.688B
Operating Margin	40.2%	53.8%	46.2%	58.0%	67.4%	47.7%	55.5%	60.2%
Income Before Tax (EBT)	3.769B	4.115B	3.464B	3.691B	3.323B	1.747B	1.776B	1.886B
Interest Income	—	-26.636M	-22.609M	—	—	—	24.213M	14.663M
Interest Expense	1.003B	837.296M	618.723M	309.037M	266.228M	313.463M	226.660M	215.898M
Other Income/Expense	233.243M	-301.042M	-243.609M	223.272M	115.852M	-371.856M	-73.403M	198.292M
Net Income	3.411B	3.732B	3.059B	3.365B	2.940B	1.482B	1.573B	1.649B
Income Tax Expense	204.017M	166.943M	211.038M	135.412M	174.258M	130.458M	74.517M	63.330M
Net Profit Margin	38.8%	45.5%	38.1%	56.3%	61.8%	33.4%	47.2%	58.8%
EBITDA	7.199B	7.533B	6.568B	5.795B	5.151B	3.609B	3.143B	3.049B
EBITDA Margin	81.9%	91.8%	81.9%	97.0%	108.2%	81.3%	94.4%	108.7%
Depreciation & Amortization	2.626B	2.581B	2.485B	1.813B	1.578B	1.562B	1.140B	947.214M
EPS Basic	3.57	4.03	3.30	4.15	3.86	1.97	2.41	2.91
EPS Diluted	3.54	4.01	3.29	4.13	3.84	1.95	2.40	2.79
Shares Outstanding	938.407M	926.172M	947.706M	808.910M	760.312M	749.060M	649.126M	567.367M
Diluted Shares Outstanding	958.019M	953.590M	951.791M	834.843M	785.711M	775.151M	673.449M	590.239M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About Prologis, Inc.

Prologis, Inc. is the undisputed global leader in logistics real estate, strategically focusing its operations on high-barrier, high-growth markets. As of December 31, 2020, the company's extensive portfolio spanned approximately 984 million square feet (91 million square meters) of both existing properties and planned development projects, located across 19 countries. This significant footprint is managed through a blend of wholly-owned assets and co-investment ventures. Prologis leases its contemporary logistics facilities to a diverse client base of roughly 5,500 customers, primarily serving business-to-business (B2B) and retail/online fulfillment needs.

San Francisco, CA

2,703 employees

www.prologis.com

Real Estate / REIT - Industrial

Sector: Real Estate
Industry: REIT - Industrial
CEO: Daniel Stephen Letter

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